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Marathon Petroleum Stock Plummets 7.53% in Trading Volume Ranking 251st
Generated by AI AgentAinvest Market Brief
Thursday, Apr 10, 2025 8:20 pm ET1min read
On April 10, 2025,
(MPC) experienced a significant decline, with its stock price dropping by 7.53%. The trading volume for the day was 4.83 billion, marking a 31.72% decrease from the previous day. This placed at the 251st position in terms of trading volume for the day.Mizuho Securities recently adjusted its price target for Marathon Petroleum, lowering it from $174.00 to $168.00. This adjustment reflects the analysts' revised outlook on the company's performance and potential future stock price movements.
Marathon Petroleum's acquisition of Andeavor has been highlighted as a beneficial move for the company. The acquisition is expected to provide Marathon with access to low-cost crude, which could enhance its operational efficiency and profitability.
Raymond James also revised its price target for Marathon Petroleum, reducing it from $193 to $183. This adjustment comes as part of the ongoing analysis and evaluation of the company's financial health and market position.
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